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Bhushan Power & Steel case: JSW Steel allowed access to forensic reports by NCLT

Updated : July 15, 2019 07:54 PM IST

The National Company Law Tribunal (NCLT) has directed the forensic audit report of Bhushan Power & Steel to be shared with JSW Steel. JSW Steel was the highest bidder for Bhushan Power with its Rs 19,700 crore resolution plan.

JSW Steel moved the NCLT where they made an application for the forensic audit reports. It is in this context that JSW Steel is now seeking the forensic reports which seem to have confirmed bank fraud.
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